On Polkadot, Moonbeam is an Ethereum-compatible para chain for smart contracts. Moonbeam makes it easier for developers to migrate current Ethereum Dapps to Polkadot or develop new permissionless decentralized applications (Dapps) using familiar Ethereum tools. According to CoinMarketCap, today's Moonbeam price is $2.81 USD, with an 11% surge in the last 24 hours.